ARB, the governance token for the Ethereum layer-2 scaling blockchain Arbitrum, is close to 5% lower on Friday, though is holding above its 21DMA at $1.10 despite news of a partial network outage. The blockchain’s official X account tweeted that its sequencer staled at 10:29 ET due to a “significant surge in network traffic”, and The post Arbitrum Price Prediction as Network Hit By Partial Outage Amid Traffic Surge – Where Next for ARB? appeared first on Cryptonews .